-- Connecting the dots between our economy, government and business --
Summary and audio linked here.
Chicago’s political leadership is floating a pension buyout program as evidence it is seriously addressing the city’s thirty-six-billion-dollar unfunded pension liability, but Mark Glennon, founder of the Illinois policy research organization Wirepoints, said that the proposal moves debt from one column to another rather than reducing it, and that the broader fiscal picture facing the city continues to deteriorate across every measurable dimension. Audio here.
Expect no retraction or apology. This what they do.
The state’s existing buyout program for its own pensions is the precedent for Chicago, which should be a warning: Look out for similar exaggerated claims and shoddy analysis.
Full interview and summary linked here.
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lightweight and foxx are terrorists working for the fourth reich under furher soros to destroy the city and won’t stop releasing criminals until the police are gone and the there is no one left to arrest them –
hasn’t anyone been watching? they have done this around the globe with terrorist groups now doing it here with these fascist moles and race/gender ideology
It will be another big loser for the American taxpayer, but to friends and family of the Biden administration it will be more free money. A bunch of senior “advisor” jobs where no work is required and government checks are direct deposited.
Police can only do so much all the money in the world will not change the situation people have to want change and change it themselves.
Joe Biden and his Strike Force will implement a campaign of unrestricted hot air,
to discourage unacceptable behavior, identify root causes followed by community based counseling. Salaries and benefits are estimated at $42m annually for fifty years to run concurrently with the lead pipe project, or maybe;forever! Lori is asking for support of The Insane Pimps from The Henry Horner Homes; Yard Love!